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Featured local agent — Cape Canaveral, FL

Sarah Mitchell

CNESRESABR

Compass Real Estate · Cape Canaveral, FL

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Cape Canaveral, FL(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Cape Canaveral, FL Housing Market & Real Estate

Buyer's market+2.4% YoY

Housing market overview · Updated monthly ·

$295,000median sale price

How is the Cape Canaveral, FL housing market right now?

The median home sale price in Cape Canaveral, FL is $295,000, up 2.4% year-over-year. Homes sell in an average of 91 days with 139 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Cape Canaveral a buyer's or seller's market?

Buyer's market4.1 months of supply91 avg. days on market

Cape Canaveral, FL is currently a buyer's market, based on 4.1 months of supply and homes selling in about 91 days. How we determine this →

Homes sold

34

Last 12 weeks

Days on market

91

Average pace

Active listings

139

4.1 months supply

Sale-to-list

94.1%

Below asking

What does the Cape Canaveral housing market data show?

Current housing market statistics for Cape Canaveral, FL
MetricValue
Median sale price$295,000
Median list price$380,000
Year-over-year price change+2.4%
Average days on market91 days
Active inventory139 listings
Months of supply4.1 months
Sale-to-list price ratio94.1%
Median price per sq ft$257/sq ft
Homes sold (latest month)34
New listings (latest month)31
Listings with a price cut26.6%
Market conditionBuyer's market

Source: Redfin · Updated monthly

How much do homes cost in Cape Canaveral by property type?

How the Cape Canaveral, FL market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Cape Canaveral, FL
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$570,000$429/sq ft473 days
Condo / Co-op$220,000$237/sq ft23113 days
Townhouse$269,500$229/sq ft4102 days

Source: Redfin · Updated monthly

The Cape Canaveral housing market is currently classified as a buyer's market with a median sale price of $295,000. Prices have risen 2.4% compared to last year, with homes spending an average of 91 days on market, indicating 4.1 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 4.5x provides context for how home values compare to local earning capacity.

Market trends

Homes for sale in Cape Canaveral

There are currently 139 homes listed for sale in Cape Canaveral, Florida. The median listing price is $380K.

Active listings

139

Homes on market

Median list price

$380K

Avg. days on market

91

Days until sale

New this week

31

Newly listed

Price drops:26.6%of listings
Sale-to-list:94.1%

Who lives in Cape Canaveral?

Population

9,976

Median income

$70,585/yr

Median age

59.5 years

Owner-occupied

61.0%

College grads

38.6%

Avg commute

23.3 min

Source: U.S. Census Bureau ACS

What are homes worth in Cape Canaveral?

Zillow home value

$319,037

Zillow rent index

$1,947/mo

Price-to-rent ratio

13.7x

Price-to-income

4.5x

Source: Zillow Research

What is it like to live in Cape Canaveral?

Cape Canaveral is a community of approximately 10K residents with a median age of 59.5 years.The median household income is $70,585, which represents a working-class community with solid middle-income opportunities. 38.6% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 61.0%, showing a blend of owner and renter-occupied properties. The average commute time is 23.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Cape Canaveral offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Cape Canaveral?

1 schools tracked · 293 students

The largest public schools serving Cape Canaveral, FL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

CAPE VIEW ELEMENTARY SCHOOL

Grades PK-6 · 293 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Cape Canaveral, FL?

Want a head-to-head view? Compare Cape Canaveral side-by-side with any other U.S. city using our market-comparison tool.

Is Cape Canaveral a good real estate investment market?

For investors evaluating Cape Canaveral, the price-to-rent ratio of 13.7x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 2.4% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Cape Canaveral's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Cape Canaveral's median home price.

Frequently asked questions

What is the average home price in Cape Canaveral?

The median home sale price in Cape Canaveral is $295,000, up 2.4% from last year.

How long do homes stay on market in Cape Canaveral?

Homes typically spend 91 days on market before going under contract.

What is the median income in Cape Canaveral?

The median household income is $70,585 per year.

Is Cape Canaveral a buyer's or seller's market?

With 4.1 months of supply, Cape Canaveral is currently a buyer's market.

What is the Zillow home value estimate for Cape Canaveral?

The Zillow Home Value Index (ZHVI) for Cape Canaveral is $319,037, representing the typical home value in the area.

What is the median condo price in Cape Canaveral?

The median condo/co-op sale price in Cape Canaveral, FL is $220,000, compared to $570,000 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Cape Canaveral?

The median single-family home price in Cape Canaveral, FL is $570,000 (about $429 per square foot).

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